News | Chile, Argentina, Colombia


Cencosud gains 17.3 per cent in local currency

The Chilean trading group Cencosud made sales of CLP 284.938 bn (EUR 362 mio) in its home improvement division in the first quarter and thus 12.1 per cent less than in the same period last year. However the deficit stems from the continuing devaluation of the Argentinian pesos. In local currencies, sales increased by 17.3 per cent.

Because in Argentina, sales rose by 25.6 per cent in local currency, in Chilean pesos however, they sank by 29.6 per cent to CLP 121.442 bn (EUR 154 mio). Same store sales gained 24.8 per cent - this amount also a result of inflation.
In its home market, the Chilean company made sales of CLP 146.047 bn (EUR 185 mio), thus 7.3 per cent more than the same period last year. The same store sales also grew by 6.8 per cent here.

In Colombia, sales in both the local currency as well as in Chilean pesos increased by 13.0 per cent to CLP 17.449 bn (EUR 22 mio). The same store sales also rose by the same amount.

| 3 June 2019


Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

Total number of DIY stores in Italy increases by eleven

The number of DIY stores in Italy increased in the first six months of year to 768. Following 24 new openings and 13 closures, this adds eleven View news...

Timber prices and punitive tariffs dampen Home Depot expectations

The fall in the price of timber and the announcement of further punitive tariffs have caused Home Depot to downplay its sales expectations. Instead View news...

Exhibitors from 17 countries at Expo F and Inter Lumi

The dual trade show Expo F (hardware) and Inter Lumi (lighting) in Panama attracted 127 companies from 17 countries in Asia, Europe and North and View news...

Obi’s net sales increase by 5.5 per cent

The German market leader Obi increased its net sales in the last financial year by 5.5 per cent to EUR 6.4424 bn. Sales in Germany amounted to EUR View news...